Posted on27 July 2010.
(Updated at 16.26) The Icelandic government will hold a press conference this afternoon to explain its decision over Magma Energy’s hoped-for purchase of HS Orka. Unconfirmed Visir.is sources say that the government will not approve the deal.
The press conference will be held at 16:30 (GMT) at the Prime Minister’s office, Reykjavik, Iceland.
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